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Chubb explores acquisition of $22 billion rival Hartford

by AIP Online Bureau | Mar 19, 2021 | International News, Non-Life

Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the matter said. The New York-listed insurer has made...

P-notes investment climbs to 33-month high at Rs 91,658 crore in Feb

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Investments through participatory notes (P-notes) in the Indian capital market rose to Rs 91,658 crore at February-end, making it the highest level in 33 months, suggesting growing confidence of overseas investors. P-notes are issued by registered...

Why a ban on cryptocurrency could have dire consequences for India

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

If India proceeds with a rumored ban on cryptocurrency, it wouldn’t be the country’s first attempt to impose currency controls. This time, however, a ban is even less likely to succeed — and the consequences for India’s economy could be more...

COVID-19 patients above 65 years of age more prone to reinfection, says study

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

  London: While most people who have had COVID-19 are protected from catching it again for at least six months, elderly patients above 65 years of age are more prone to reinfection, says a new study published in The Lancet journal. The scientists from...

EU countries to resume AstraZeneca vaccinations after ‘Safe, Effective’ verdict from WHO

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

  Leading EU countries said Thursday they would resume AstraZeneca vaccinations after the European medical regulator said the jab is “safe and effective” and not associated with a higher blood clot risk after days of commotion around the shot. The...

First known baby born with antibodies after mother vaccinated: Doctors

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Facts

New York: Pediatricians have reported the first known case of a woman, who was given the first dose of the COVID-19 vaccine during her pregnancy, giving birth to a baby with antibodies against the novel coronavirus. According to the yet-to-be peer-reviewed study,...

Irdai lowers min cover, raises max cover under Arogya Sanjeevani policy

by AIP Online Bureau | Mar 19, 2021 | Health, Indian News, Non-Life

New Delhi: To enhance health insurance coverage in the country, regulator Irdai on Thursday lowered the minimum limit of coverage to Rs 50,000 while raising the maximum limit to Rs 10 lakh under standard health insurance policies. In July last year, the Insurance...

Over 26,100 Indian websites hacked in 2020 as per CERT-In data: Dhotre

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  New Delhi: Over 26,100 Indian websites were hacked during 2020 as per data by CERT-In, Parliament was informed on Thursday. A total number of 110, 54 and 59 websites of Central Ministries, Departments and State Governments were hacked during the year 2018, 2019...

Information security, risk management spending to grow 9.5% in India: Gartner

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

  Mumbai: Enterprise information security and risk management spending in India is likely to increase by 9.5 per cent this year to 2.08 billion dollars (about Rs 15,076 crore), according to Gartner Inc. "The overnight move to remote-working in reaction to...

India saw largest spike in malware attacks in 2020: Report

by AIP Online Bureau | Mar 19, 2021 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Mumbai: India experienced the largest spike in malware attacks, with the monthly volume more than tripling between September and October, said a new report from cybersecurity firm SonicWall. The country saw more than 25 million malware attacks in December 2020, said...
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